Shares of Check Point Software Technologies Ltd. (CHKP) Sees Large Inflow of Net Money Flow

Check Point Software Technologies Ltd. (CHKP) stock had a bullish inflow of $1.73 million worth of trades on uptick and an outflow of $0.39 million in downticks on Friday. The total uptick to downtick ratio stood at 4.44. The net money flow into the stock was $1.34 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.39 million. $1.39 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Check Point Software Technologies Ltd. (CHKP) stock traded down $0.23 , and reached $81.12, a drop of -0.28% over the previous day. On a weekly basis, the stock is -0.05%, over the previous weeks close.


Check Point Software Technologies Ltd. (CHKP) : Currently there are 11 street experts covering Check Point Software Technologies Ltd. (CHKP) stock. The most bullish and bearish price target for the stock is $105 and $84 respectively for the short term. The average price target of all the analysts comes to $92.82. The estimated standard deviation from the target is $6.

Check Point Software Technologies Ltd. (NASDAQ:CHKP): stock turned positive on Friday. Though the stock opened at $81.67, the bulls momentum made the stock top out at $81.82 level for the day. The stock recorded a low of $80.93 and closed the trading day at $81.73, in the green by 0.47%. The total traded volume for the day was 1,636,651. The stock had closed at $81.35 in the previous days trading.

Check Point Software Technologies Ltd (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. The Checkpoints Software Blade architecture offers enterprises a common platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis, or multi-domain management. The Company offers these software blades grouped into functional packages to address specific security issues. Software-defined Protection (SDP) is a security architecture that is designed to protect against unknown threats.

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